Beard Grooming Market by Product Type (Beard Oil, Beard Shampoo, Shaving Cream, Trimmers, Shaving Gel, Waxes, and Others), End User (Personal and Commercial) and Distribution Channel (Hypermarket/Supermarket, Specialty Store, Online Store and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026
New York, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Beard Grooming Market by Product Type, End User and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2019–2026" - https://www.reportlinker.com/p05837016/?utm_source=GNW
The beard grooming market size was valued at $24.1 billion in 2018 and is expected to reach $43.1 billion by 2026, registering a CAGR of 7.7% from 2019 to 2026. The rise in number of health conscious consumers is one of the key factors driving the growth of the global beard grooming market.
The global beard grooming market is segmented on the basis of product type, distribution channel, and region. By product type, the market is divided into beard oil, beard shampoo, shaving cream, trimmers, shaving gel, waxes, and others. By end user, the market is classified into personal and commercial. By distribution channel, the market is categorized into hypermarket/supermarket, specialty store, online store, and others.
North America and Europe are known to be the dominant regions in the global beard grooming market. The men’s personal care market is expected to be valued at US$166 billion during the forecast period. Men are taking keen interest in maintaining their looks and appearance. For which, they take extra efforts and even buy product available in the market. Even when it comes to maintaining beard, they are specific about the style and beard grooming products cater to such requirements. This has triggered demand for different types of beard grooming products among the male population. The rise in trend of facial hair aesthetics specifically in European region, has witnessed the re-introduction of beard oils and other beard grooming products that help beautify and condition the beard for a longer period of time
Over the past couple of years, there has been a rise in preference over organic products. Customers always seek for transparency on product they use on daily basis. According to USDA, the global organic retail market was being valued at US$90 Billion in 2016 and is being anticipated to grow at a significant rate during the forecast period. As a result, beard grooming manufacturers have been considering using organic ingredients for processing their final products. Hence, the organic beard grooming market sights opportunity to gain higher traction during the forecast period.
Key players profiled in the report include Viking Beard Stuff, Robin Hood Beard Company Ltd., Beardbrand, The Bearded Man Company Limited, Wahl Ltd., Koninklijke Philips N.V., Panasonic, The Brighten Beard Company, Zeus etc.
KEY BENEFITS FOR STAKEHOLDERS
• The report provides an extensive analysis of the current and emerging market trends and opportunities in the global beard grooming market.
• The report provides detailed qualitative and quantitative analysis of current trends and future estimations that help evaluate the prevailing market opportunities.
• A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
• An extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
• The report provides extensive qualitative insights on the potential segments or regions exhibiting favorable growth.
KEY MARKET SEGMENTS
By Product Type
• Beard Oil
• Beard Shampoo
• Shaving Cream
• Shaving Gel
By End User
By Distribution Channel
• Specialty Store
• Online Store
• North America
o Rest of Europe
o Australia and New Zealand
o Rest of Asia-Pacific
o Latin America
o Middle East
Read the full report: https://www.reportlinker.com/p05837016/?utm_source=GNW
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